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FX.co ★ The market manipulations analysis of the AUD/USD by Alexey Portnov for February 22, 2011

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Forex Analysis:::2011-02-22T10:35:23

The market manipulations analysis of the AUD/USD by Alexey Portnov for February 22, 2011

The aussie is consolidating above the support level 1.0020, which gives a hope for expected growth during the European session. I think the price cannot decline for a long time on such low volumes because strong support levels are located below; this would require a strong help in form of a test-like advance.

Trading recommendations:
-Purchase is possible with a slight risk, but I still don’t recommend any trading

The market manipulations analysis of the AUD/USD by Alexey Portnov for February 22, 2011

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